A warranty deed guarantees that a seller owns the property free and clear of liens. In this article, we will explore four common types of deeds in Ohio: General Warranty Deed, Limited Warranty Deed, Quitclaim Deed, and Fiduciary Deed.While a general warranty deed protects the buyer against all possible title defects, a special warranty deed offers a bit less protection for the grantee. The Texas Supreme Court has stated that there is no such deed as a "deed in lieu" and that such an instrument is in fact a warranty deed. A warranty deed and a quitclaim deed are two different types of real estate deeds that individuals use in property transactions based on their legality. A special warranty deed guarantees some protection for the buyer but not as much as a general warranty deed. Warranty deeds are simple, you do not need an attorney. Follow the steps and have the deed registered with the county. What is the difference between a "warranty deed with vendors lien" and a "deed of trust"? I am selling a home and owner.